Developing a Business Model for Water Taxis

How would you define research? What is the purpose of business research? How has the Internet changed the quality and quantity of research?

The purpose of researching this or any problem is simple, if you have a problem a good solution will generate more income. Companies can often take a problem, for example Costco’s problem of not providing non-bulk items and turn them into money making avenues. With good research from the customers Costco was able to make a good decision that will further grow there company.

It will be mix of both primary and secondary research. The primary research has to be carried out to know the customer attitude, tastes and needs. Various trade journals, industry reports should also be referred as secondary source.

In business, managers need to respond to any issues that may arise in the business. While one may be prone to do this based on past experience, the wiser choice would be to use business research to gather the information to make decisions as business research will increase the likelihood that the solution would make a positive impact. According to Business Research Methods, the definition of business research is the structured questioning which provides information by which to guide wise decisions that maximize the impact of the

Reports that focus on the progress of the division in terms of the number of new ideas, presented, tested and rolled out in the form of finished products (Balanced Scorecard Institute, 2014). Other reports that can be used include employee appraisals to ensure that the team within the division is well suited to the task. Otherwise, the Division will encounter much difficulty in rolling out new products or completely fail.

1. Is the air taxi industry poised for take-off? What customer segments are most likely to lead to success?

PRIMARY RESEARCH (e.g questionnaires, surveys), SECONDARY RESEARCH (e.g Inside Business: sales records, stock records) (e.g Outside Business: gov stats, media)

Since I am not sure of what type of research already exists on the subject matter, a literature review would be the perfect place to start. Not only would a review help verify that this is direction of research has potential, it would help to develop my understanding of the topic. If I do find that work has been done on the topic, I could narrow my scope to focus on points not previously covered. If I review the preexisting work and

Cons: The is difficulty in carry out this approach. And it takes long time. The investors cannot see the good performance of Zipcar immediately. Then it will increase the difficulty of raising fund.

With innovation and the introduction of corporations to the Bay Area, there has always been a problem of a shortage of housing and property values rapidly increasing, and the introduction of Uber to the Bay would be no different. For Example, in 1849 the discovery of Gold in San Francisco brought many people to the area. With this influx in the population, there was an increase on price based on supply and demand so much so that “prices for everything skyrocketed: eggs were a dollar apiece … Land downtown was so valuable that people bought water lots - plots of land in the bay - and filled them in” (Solnit 6). Consequently, the Bay has always had a multitude of people and not enough land for them, causing real estate prices to skyrocket. The same can be sad if Uber was to be brought to Oakland. Oakland has been previously known as being far more affordable alternative to San Francisco (Document B).

The type of research I will be conducting is explanatory cases because there little or no understanding. Although research has been close to this subject nothing exact. I will use exploratory literature research to gain/discover insights about this situation. When the goal of the literature is to precisely formulate problems, clear concepts, gain insights, eliminate impractical ideas and form hypotheses then exploratory research is used.

Joe is in need of some critical information in order to formulate the right business plan for his new coffee shop. Joe situation will require a research program because he is faced with numerous decisions that require series of studies to address multiple deliverables.

South Florida’s ascendancy to the epicenter of the cruise industry began long before the modern cruise lines were born. Early in the twentieth century, a group of daring visionaries and entrepreneurs began to dream of expanding the local business community and creating new industries to take advantage of Florida’s climate with its sunshine and warmth. Chief among these businesses they envisioned a winter tourism trade but to realize this dream they would require a strong transportation infrastructure.

When it comes to conducting research, you would need to find which way would be best to inform the customers on the issue that’s presented. You would need to have basic information on how much money this will cost the customer and how cost effective this will be. Research should be done to find out what the city leaders have done unethically and if these individuals should still be employed within the company.

Each truck will do at least a minimum of 3 local loads per day, 5 days a week to reach $10,000 monthly goal. We will market the major well head companies to build the relationship with and earn the business. Seaboard Wellhead being my major vendor will provide 5-7 loads daily. These loads will be either locally or anywhere in the state of Texas that it will make up the difference in revenue if the total of 9 daily loads per truck is not met. VICORO TRANSPORT LLC will meet this goal within six months of business. By the end of the first fiscal year of business we should have increased business by 30% by increasing business with other vendors besides Seaboard Wellhead.